Healthcare Realty Trust Incorporated (NYSE:HR) Shares Sold by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans cut its stake in Healthcare Realty Trust Incorporated (NYSE:HR) by 7.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,436,019 shares of the real estate investment trust’s stock after selling 335,802 shares during the period. Thrivent Financial for Lutherans owned 1.25% of Healthcare Realty Trust worth $75,190,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the stock. Smartleaf Asset Management LLC grew its stake in shares of Healthcare Realty Trust by 59.0% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,650 shares of the real estate investment trust’s stock worth $27,000 after purchasing an additional 612 shares in the last quarter. Blue Trust Inc. grew its stake in shares of Healthcare Realty Trust by 130.3% in the fourth quarter. Blue Trust Inc. now owns 1,635 shares of the real estate investment trust’s stock worth $30,000 after purchasing an additional 925 shares in the last quarter. Synergy Investment Management LLC bought a new position in shares of Healthcare Realty Trust in the fourth quarter worth $36,000. Jones Financial Companies Lllp grew its stake in shares of Healthcare Realty Trust by 68.7% in the fourth quarter. Jones Financial Companies Lllp now owns 3,067 shares of the real estate investment trust’s stock worth $52,000 after purchasing an additional 1,249 shares in the last quarter. Finally, Point72 Hong Kong Ltd bought a new position in shares of Healthcare Realty Trust in the third quarter worth $65,000.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on HR shares. StockNews.com raised Healthcare Realty Trust from a “sell” rating to a “hold” rating in a research note on Tuesday. Jefferies Financial Group cut Healthcare Realty Trust from a “buy” rating to a “hold” rating and decreased their target price for the company from $19.00 to $17.00 in a research note on Thursday, January 2nd. Wedbush reaffirmed an “outperform” rating and set a $16.00 target price on shares of Healthcare Realty Trust in a research note on Thursday, February 20th. Wells Fargo & Company decreased their target price on Healthcare Realty Trust from $17.00 to $16.00 and set an “underweight” rating for the company in a research note on Monday, March 10th. Finally, JPMorgan Chase & Co. cut Healthcare Realty Trust from an “overweight” rating to a “neutral” rating and set a $19.00 target price for the company. in a research note on Friday, December 20th. One research analyst has rated the stock with a sell rating, four have given a hold rating and one has assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $17.00.

Healthcare Realty Trust Stock Up 0.1 %

NYSE:HR opened at $16.77 on Wednesday. Healthcare Realty Trust Incorporated has a 1-year low of $12.91 and a 1-year high of $18.90. The firm has a market capitalization of $5.88 billion, a price-to-earnings ratio of -9.42 and a beta of 0.97. The stock has a fifty day simple moving average of $16.59 and a 200 day simple moving average of $17.29.

Healthcare Realty Trust (NYSE:HR) last released its quarterly earnings results on Wednesday, February 19th. The real estate investment trust reported $0.40 earnings per share for the quarter, beating analysts’ consensus estimates of $0.39 by $0.01. Healthcare Realty Trust had a negative return on equity of 11.20% and a negative net margin of 51.60%. The business had revenue of $309.77 million during the quarter, compared to analyst estimates of $303.81 million. During the same quarter last year, the company posted $0.39 EPS. Healthcare Realty Trust’s revenue for the quarter was down 6.3% on a year-over-year basis. Equities analysts predict that Healthcare Realty Trust Incorporated will post 1.59 earnings per share for the current year.

Healthcare Realty Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 19th. Investors of record on Monday, March 3rd will be paid a $0.31 dividend. This represents a $1.24 annualized dividend and a yield of 7.39%. The ex-dividend date is Monday, March 3rd. Healthcare Realty Trust’s dividend payout ratio is currently -69.66%.

Healthcare Realty Trust Company Profile

Healthcare Realty Trust, Inc provides real estate investment services. It owns, leases, manages, acquires, finances, develops, and redevelops income-producing real estate properties associated primarily with the delivery of outpatient healthcare services throughout the United States of America. The company was founded by David R.